4-Unit Quadplex with
8301 McEwen Road, Centerville, OH 45458
For Sale
New
$525,000
ResidentialIncome, Centerville, OH
Property Size3,228 SF
Lot Size0.46 Acres
Price / SF$162.64
Days on Market2
Property Features for 8301 McEwen Road
General Information
Property type
Property subtype
Zoning
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Exterior features
Subdivision
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Heating system
Cooling system
Amenities
washer/dryer
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
Keller Williams Community Part · Keller Williams Realty
(937) 530-4904
Listed By:
Ryan Gillen
(937) 673-0830
Added: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 972358
Copyright © 2026 Dayton Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This four-unit residential property contains 3,228 square feet across four one-bedroom, one-bathroom residences. Each unit has owner-provided appliances, including a washer and dryer, and its own detached one-car garage. Additional parking is available on site. The building dates to 1983 and features brick construction, central air conditioning, and natural gas heat, along with patios and balconies. The parcel encompasses 0.46 acres in Centerville, Ohio.
Key Highlights
- Four units, each with 1 bedroom and 1 bathroom
- 3,228 square feet on a 0.46‑acre parcel
- A detached 1‑car garage assigned to each unit, with additional on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,589
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,780
$691.8K
Cap Rate 7%
$494,129
$494.1K
Cap Rate 9%
$384,322
$384.3K
Market Conditions
NOI Build-Up for 3,228 SF
Gross rent
$52.3K $16.20/SF
− Vacancy
−$2.9K −$0.89/SF
EGI
$49.4K $15.31/SF
− OpEx
−$14.8K −$4.59/SF
NOI
$34.6K $10.72/SF
Area
Montgomery County, OH
Vacancy
5.51%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,780
Cap Rate 7%
$494,129
Cap Rate 9%
$384,322
Alternative Uses
Best Use
Multifamily LT 5
$494.1K
$432.4K – $576.5K
NOI $34,589 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$453.0K
$396.4K – $528.5K
NOI $31,709 @ 7.0% cap · market cap 6.04%
Theoretical Best
Specialty Retail
$574.6K
$502.8K – $670.4K
NOI $40,222 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
957
Businesses Nearby
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Business Placement
Demographics for 45458, OH
36,474
Population
15,827
Households
2.3
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
1,833
Density / Sq Mi
$110,682
Median Household Income
$69,620
Median Earnings
$1,286
Median Rent
$337,500
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Montgomery County, OH
Properties on Market for Quadplexes in Montgomery County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has owner-supplied appliances, including a washer and dryer, plus a separate garage.
Where is this quadplex located?
The property is located at 8301 McEwen Road Centerville, OH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Four units, each with 1 bedroom and 1 bathroom; 3,228 square feet on a 0.46‑acre parcel; A detached 1‑car garage assigned to each unit, with additional on‑site parking
